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As a property buyers agent in Sydney and Brisbane we are in the position to observe the property market day in and out.

Brisbane

Brisbane is continuing to show solid growth in property values with overall growth of around 3 percent for houses and units during the first four months of 2008. Brisbane house values are now 5 percent or $24,000 higher than Melbourne’s.

Sydney

Sydney value growth is flattening across the board, even in the traditional growth hotspots of the inner city and metrocoastal regions. Six to twelve months ago we were seeing steady growth of 2 to 4 percent in the Eastern Suburbs, North Shore and Northern Beaches. 2008 has been more volatile, with a month of growth followed by a month of decline; virtually a flat market. The exception to the rule seems to be the St George – Sutherland region where value growth has been much steadier. The best performing market during 2008 has been units in South Western Sydney where buyers are opting for units and town homes instead of more expensive houses.

As a property buyers agent in Sydney and Brisbane we are in the position to observe the property market day in and out.

Brisbane

Brisbane is continuing to show solid growth in property values with overall growth of around 3 percent for houses and units during the first four months of 2008. Brisbane house values are now 5 percent or $24,000 higher than Melbourne’s.

Sydney

Sydney value growth is flattening across the board, even in the traditional growth hotspots of the inner city and metrocoastal regions. Six to twelve months ago we were seeing steady growth of 2 to 4 percent in the Eastern Suburbs, North Shore and Northern Beaches. 2008 has been more volatile, with a month of growth followed by a month of decline; virtually a flat market. The exception to the rule seems to be the St George – Sutherland region where value growth has been much steadier. The best performing market during 2008 has been units in South Western Sydney where buyers are opting for units and town homes instead of more expensive houses.

To find our more about buying property in Sydney or Brisbane please click here Sydney Property Buyers Agent or Brisbane Property Buyers Agent

Posted in Residential Property by Chris on 07/07/2008 | 0 Comments

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